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GCSE Business 2: Business Ownership

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  • Course
  • Business
  • Institution
  • GCSE

This is a presentation that covers the various ownership structures of businesses including, sole traders, partnerships, Private Limited Companies and Public Limited companies. Each type of ownership is explained and the advantages and disadvantages are given. It also outlines Franchises and not-fo...

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Document information

  • October 10, 2023
  • 24
  • 2023/2024
  • Presentation
  • Unknown

Subjects

  • sole trader
  • partnership
  • liability
  • limited liability
  • unlimited liability
  • private limited company
  • public limited comapny
  • ethics
  • business ethics
  • franchise
  • franchisee
  • franchisor
  • not for profit

Written for

  • GCSE
  • GCSE
  • Business
  • 200
All documents for this subject (187)

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hannahgrey

Content preview

AQA GCSE Business
Studies
BUSINESSES IN THE REAL WORLD: BUSINESS OWNERSHIP

,Business Ethics
● Ethics is all about doing the ‘right’ thing, even if it is not required by legislation and
regardless of the impact being ethical might have on profits and performance.


● Social responsibility (AKA CSR) is about organisations behaving and conducting busines
ethically and with sensitivity towards social, cultural, economic, and environmental issu


● For a business to conduct its practices ethically who do you think it needs to be focused
on?


● Why does a business need to be ethical?

, Recap
What is opportunity cost?
What are the 4 functions
of a business?

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